As reported earlier that the move of Stock Market Watchdog SEBI to curb stock market rise by hot-money invested by some FIIs, the stock markets have reacted very badly to the news. SEBI proposed a ban on P-Notes after the recent rally in stock markets. FIIs investments through P-Notes accounts for nearly 51% of their total investment as per the August 2007 records. The Stock markets opened with a huge gap and immediately went down to touch the lowest level of 5107 for NSE Nifty. 
ICICI Securities has retained its BUY call on Tata Steel with a revised sum-of-the-parts target of Rs 230, implying 24% upside from Rs 185 over 12 months.
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Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Steel Sector, Tata Steel
Axis Securities has kept its BUY call on Pricol Ltd with an unchanged target price of Rs 935, about 28% above the Nov. 5 closing price of Rs 728.
Featured, India Business, Analyst View, Auto Sector, BOB Capital Markets, India, Mahindra & Mahindra
BOB Capital Markets has retained its BUY rating on Mahindra & Mahindra but trimmed its target price to Rs 4,387 from Rs 4,530, still implying about 40% upside from the Rs 3,128 market price.
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Retail Sector, Swiggy
ICICI Securities has maintained its BUY rating on Swiggy but cut its target price to Rs 400 from Rs 520, still implying about 90% upside from the Rs 211 market price.
ICICI Direct, the retail research arm of ICICI Securities, has maintained its BUY call on Stylam Industries with a revised 12-month target price of Rs 3,750, about 21% above the current market pric
ICICI Direct, the retail research arm of ICICI Securities, has reiterated its BUY call on Saregama India with a 12-month target price of Rs 740, about 16% above the Rs 638 market price, after the R
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Featured, India Business, Analyst View, Stock Markets, BOB Capital Markets, Cera Sanitaryware, India, Mumbai
BOB Capital Markets has maintained its BUY rating on Cera Sanitaryware with a target price of Rs 6,437, implying about 34% upside from the Nov. 5 closing price of Rs 4,802.
ICICI Securities has maintained its BUY call on Power Grid Corporation of India, trimming its target price to Rs 350 from Rs 360, which implies about 35% upside from the current market price of Rs 260.
Featured, Analyst View, Futures & Options, Stock Markets, Banking Sector, ICICI Securities, India, SBI
ICICI Securities has maintained its BUY call on State Bank of India with an unchanged target price of Rs 1,300, implying about 34% upside from the current market price of Rs 970.
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Retail Sector, Trent
ICICI Securities has a BUY rating on Trent with a 12-month target price of Rs 3,600, about 18-19% above the current market price of Rs 3,040. The brokerage's retail research desk said the Tata Group retailer delivered a strong September quarter.
